Toronto-based Dynamic Funds has announced the launch of a hedge fund of funds, the Dynamic Alternative Opportunities Fund, which offers Canadian retail investors access to a basket of the firm's single-manager hedge fund products.

The Dynamic Alternative Opportunities Fund can invest in Dynamic hedge funds and closed-ended funds as well as externally managed hedge funds, private funds and other investment vehicles not generally available to the investing public.

The Dynamic Funds are managed by Goodman & Company, a subsidiary of Canadian wealth management firm DundeeWealth, which offers mutual funds, hedge funds and closed-ended investment funds through the Dynamic Funds investment brand.

The group's range of investment and wealth management solutions also includes the managed solutions of Marquis Investment Program and DynamicEdge Portfolios, the flow-through limited partnerships of CMP and Canada Dominion, and the high-net-worth investment counsel of Goodman Private Wealth Management.